Did you know hospitals report 39% of large patient balances ($200 or more) remain uncollected after 5 months? With well-executed patient financing programs, facilities can benefit from the following:
- Growth in revenue and strengthened competitive position
- Boost patient access to care
- Reduce bad debt and improve cash flow
- Enhance patient financial experience and maintain control of patient financing
- Reduce servicing expenses of managing in-house payment plans
- Streamline enrollment
On October 8, Taylor St. Eve from Commerce Healthcare examines recourse or non-recourse loan programs, costs associated of managing internal payment plans, and explores questions to ask when reviewing these programs. If you are interested in viewing the presentation in its entirety, click here.
